The price of a barrel of Brent crude has soared by more than 42 percent since US-Zionist strikes on Iran plunged the oil-rich Middle East into war, market data showed Friday.
The cost of Brent, the international benchmark for oil, has surged from $72.48 on February 27 to $103.14 at Friday’s close. This also marked an 11 percent rise over the week.
The West Texas Intermediate, meanwhile, has rocketed more than 47 percent since the start of the conflict, to $98.71.
